Rt Hon Winston Peters

New Zealand First Leader

Go Buy American Farms Harvard
 
New Zealand First has criticised the Overseas Investment Office (OIO) for allowing Harvard University to buy a big dairy farm in Otago.
 
This follows the OIO clearing Dairy Farms Partnership, an investment company owned by Harvard University, to buy a 1300 hectare farm in Otago's Maniototo district near two other dairy farms it already owns.
 
Leader Rt Hon Winston Peters says valuable land producing New Zealand’s most valuable commodity is being sold out from under the feet of New Zealanders.
 
“This government will go down in history as being guilty of economic sabotage. How can we survive if our good land is taken away from us?”
 
Mr Peters says the OIO is simply a rubber stamp for the Government’s policy of returning New Zealand to the status of an economic colony.
 
“The law on New Zealand land ownership and the functions of the OIO are conspiring to work against our long term economic and social interest.
 
“Every day we lose something else to overseas ownership and one day there will be nothing left for New Zealanders,” says Mr Peters.
 
ENDS

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